regulatory
confidence high
sentiment positive
materiality 0.60
First Northwest Bancorp FDIC Consent Order terminated; declares $0.07 quarterly dividend
First Northwest Bancorp
- FDIC terminated Consent Order effective Oct 23, 2024; Bank resolved compliance deficiencies from Nov 2023 order.
- Consent Order lifted in 11 months after strengthening compliance programs, per CEO statement.
- Board declared $0.07 per share quarterly cash dividend, payable Nov 22, 2024 to holders of record Nov 8, 2024.
- Dividend consistent with prior levels; capital position supports continued shareholder returns.